RVR 0.00% 7.3¢ red river resources limited

Don't sweat it, page-66

  1. 987 Posts.
    lightbulb Created with Sketch. 665
    Thanks Vector
    I don't disagree, but when producing they will be spending a significant chunk of free cash flow on in-fill drilling these existing resources and further on exploration . With a short re-start LOM they need Zinc price to stay high and new mill feed to come online asap. Neither is guaranteed and I think you are seeing some doubt in the share price.

    My thought, and I'm sure RVR are thinking about this as well, would lock in another longer life development and give them time at thalanga to really go hard on exploration. There is excellent regional potential at Thalanga that requires time and money.

    Just my view.
 
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